Declining grain exports and competition from lower spot rates in the trucking market were among the factors that led BNSF to post a 15% decline in net profits for the third quarter of 2023. The Western U.S. Class I railroad,!-->…
Estes Forwarding Worldwide (EFW) said Monday it had completed the acquisition of Superior Brokerage Services (SBS). The transaction was announced in September. Financial terms were not provided but the deal doubles EFW’s!-->…
The U.S. Supreme Court on Monday let stand a lower court ruling that denied a UPS Inc. driver’s request to force the company to allow him to operate a smaller delivery vehicle with a softer suspension due to back, hip and!-->…
An online auction is slated for Tuesday to sell the assets of Minnesota-based Twin Express Inc., which had a reported 72 power units and 73 drivers, after the trucking company defaulted on a $19 million loan. The move comes!-->…
Panera Bread’s “Charged Lemonades” contain nearly the daily amount of caffeine that is designated safe for adults. Justin Sullivan/Getty After Panera’s Charged Lemonade was blamed for a teen’s death, it’s past time companies!-->…
Farmers Weekly Fertiliser manufacturer CF Fertilisers UK, a subsidiary of CF Industries, has sold millions of pounds worth of carbon credits awarded to it by the UK government through the Emissions Trading System (ETS). Free!-->…
Chinese electric truck maker Windrose Technology has started preparatory work for an initial public offering in the U.S. next year as it plans the commercial rollout of its first vehicle.
Dry weather is set to force large oil tankers to completely stop using the Panama Canal, requiring the vessels to extend their voyages by thousands of miles, a shipping researcher said.
With brokerages closing and some filing for Chapter 11 protection, a major factoring company has published a white paper on how the bankruptcy process might leave carriers unpaid for services they already provided. OTR!-->…
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